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AspenTech Acquires Pipeline Scheduling and Dock Scheduling Software » The TEC Blog
(PSC) products include Aspen PIMS (Process Industry Modeling System), the renowned petroleum and petrochemical planning system, and Aspen Petroleum Scheduler , which enables the collaborative creation of refinery schedules. Adding PSS and DSS, which are already used by some leading refineries, should enable AspenTech customers to further optimize their petroleum supply chains. If the payoff is similar to demurrage in chemicals transported by truck or rail, this complementary addition is a no-brainer (dem
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AspenTech Searching for Definition in FY2000
Founded in 1981 as a developer of computer-aided chemical engineering software, Aspen's growth has resulted in a wide variety of applications for management and execution-level process manufacturing. Hit hard by flagging revenues, Aspen is distilling its product suite down to its most profitable elements in hopes of invigorating its business and capturing a share of the supply chain management market.
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AspenTech Completes Another Piece of the Refining Puzzle With Petrolsoft
Aspen Technology recently acquired Petrolsoft Corporation, a maker of software for downstream refining distribution and replenishment.
: These segments complement Aspen PIMS crude selection and refinery operations planning and execution capabilities. For the most part, the combination of Aspen PIMS and Petrolsoft is a clean one, however, Aspen MIMI does offer a toolkit for developing distribution planning capabilities. Although this may present an overlap from a high-level functional perspective, the two packages are apples and oranges when it comes to the details. Aspen will likely emphasize the canned functionality for downstream
What Are Manufacturing Execution Systems?
A manufacturing execution system (MES) can be defined as a collection of business processes providing event-by-event, real-time execution of planned production requirements. However, market ambiguity and functional overlap with enterprise resource planning systems obscure what an MES can bring to an enterprise.
: physical infrastructure management system (PIMS) package—an MES system. Others may offer a wide assortment of systems and collectively referred to them as an MES, but have no tie between the packages. Also, in some instances, core functions will generally be well integrated, but most of the support functions will not. For example, while more modern applications pay more attention to data integration issues, most current plant-level execution systems still consist of disparate components. Following is a
Aspen Follows Good Quarter With Internet Launch
Soon after releasing its quarterly results, Aspen announced it would offer a collaborative Internet portal for the process industries, ProcessCity.com.
: from its MIMI and PIMS suites, and Aspen Framework, web-enabled integration software. The products will not be available until later this year. Market Impact Aspen s growth has stalled in recent years, though its last two quarters may indicate a rebound is underway. Since 1995, its revenue mix has shifted increasingly toward services and maintenance of existing installations, although its latest quarter brought 47% of its total revenues from licenses. Its 1999 fiscal year percentage was 42% licenses.
Aspen Technology Evolves Into Digital Marketplace Provider
Founded in 1981 as a developer of computer-aided chemical engineering software, Aspen’s growth has resulted in a wide variety of applications for management and execution-level process manufacturing. Fiscal 2000 marked Aspen’s entry into the collaborative digital marketplace business in hopes of capturing a share of the supply chain e-business market.
: applications from Petrolsoft, Broner, PIMS and Aspen s polymer supply chain suite, all of which are pre-configured. Given the customization effort required for many of the applications, experienced resources are a must for implementations. That being said, Aspen is attempting to reformulate some of its more popular functionality as packaged modules and templates to speed implementations. Users should also bear in mind that Aspen s digital marketplaces, such as PetroVantage and e-Catalysts.com, have
The Challenges of Integrating Enterprise Resource Planning and Manufacturing Execution Systems
While enterprise applications solutions are moving closer to the plant floor, and plant-level systems are moving closer to enterprise planning application functionality, these systems will not likely converge anytime soon, because they use different technologies and have different user requirements.
: plant information management system (PIMS) package, an MES system. Others may offer a wide assortment of systems and collectively offer them as an MES, but they may have no ties among the packages. Also, while core functions will generally be well integrated, most of the support functions will not. For example, more modern applications may pay more attention to data integration issues, most current plant-level execution systems still consist of disparate components.
State of the MES Software Marketplace
State of the MES Software Marketplace. Find Out IT Solutions and Other Applications for Your Decision Associated with the MES Softwares. Despite predictions that it would be subsumed by enterprise resource planning (ERP) vendors encroaching from above and automation vendors encroaching from below, the manufacturing execution systems (MES) market has been growing steadily. This guide from TEC and Flexware Innovation provides state-of-the-market analysis, success stories from your peers, in-depth information on solutions, and a spotlight on leading vendors.
: System | Pdes | PIMS | Planning and Scheduling | Planning Scheduling | Process Development Execution System | Process Development Execution System | Process Development Execution System Pdes | Process Industry | Process Management | Process Manufacturing Management | Process Manufacturing Software | Process Modeling | Process Operations Management | Process Planning | Process Software | Product Manufacturing Process | Product Operations Management | Production and Operation Management | Production and
12/15/2008 1:27:00 PM
Four Critical Success Factors to Cleansing Data
Four Critical Success Factors to Cleansing Data. Find Guides, Case Studies, and Other Resources Linked to Four Critical Success Factors to Cleansing Data. Quality data in the supply chain is essential in when information is automated and shared with internal and external customers. Dirty data is a huge impediment to businesses. In this article, learn about the four critical success factors to clean data: 1- scope, 2- team, 3- process, and 4- technology.
1/14/2006 9:29:00 AM
Optimizing Gross Margin over Continously Cleansed Data
Optimizing Gross Margin over Continously Cleansed Data.Reports and Other Software System to Use In Your System for Optimizing Gross Margin over Continously Cleansed Data. Imperfect product data can erode your gross margin, frustrate both your customers and your employees, and slow new sales opportunities. The proven safeguards are automated data cleansing, systematic management of data processes, and margin optimization. Real dollars can be reclaimed in the supply chain by making certain that every byte of product information is accurate and synchronized, internally and externally.
: for web storefronts, other PIMs, or any other database requiring accurate product data). The epaCUBE software includes a series of powerful engines that constantly ensure product information is accurate, free of duplicates, and consistent across all other applications and databases (i.e. ERP, web storefront, etc.), which need good data to function properly. epaCUBE s automatic data cleansing business rules system can be utilized to consistently fix data errors and prepare for publication to other
6/20/2006 9:23:00 AM
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